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61340 Vorabseiten_e - Unabhängige Expertenkommission Schweiz

61340 Vorabseiten_e - Unabhängige Expertenkommission Schweiz

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6.2 Restitution Claims in Switzerland:<br />

Negotiations and Legal Moves<br />

Since early 1943 the Allies had repeatedly warned of their intention to<br />

undertake the restitution of all looted assets after victory had been achieved over<br />

the Third Reich. From this resulted the above-quoted London Declaration of<br />

5 January 1943, the Declaration on Gold Purchases of 22 February 1944,<br />

Resolution VI of Bretton Woods in July 1944, and finally the Currie Mission<br />

of February 1945. Although repeatedly requested by the Allies to do so,<br />

Switzerland’s Federal Council had done nothing up to this point in time to<br />

bring the trade in stolen or confiscated assets under control. Furthermore, the<br />

emergency plenary powers competencies (Vollmachtenkompetenzen) which it<br />

appealed to extensively in matters of refugee policy, were not used in this area.<br />

Although the Swiss National Bank barricaded itself behind its own justifications<br />

and regarded the restitution demands of the Allies merely as a demonstration<br />

of power by the victors, the authorities now became active in a major<br />

problem area, namely that of looted art treasures and stolen securities. These<br />

political initiatives, which had come about under enormous external pressure,<br />

were impeded by private-sector interest groups, in particular the Swiss Bankers<br />

Association.<br />

The Currie negotiations: 18 February–8 March 1945<br />

A report of the Federal Political Department dated 20 February 1945 on<br />

financial relations with the US stated that the main purpose of the American<br />

blockade, initially limited to the countries occupied by the Axis powers and<br />

extended on 14 June 1941 to the remaining countries of continental Europe<br />

including Switzerland, was to protect assets whose owners lived in the occupied<br />

territories or countries. Now, however, «the focus is on intensification of the<br />

economic war against Germany», and «yet another shift in emphasis towards<br />

the problem of stolen property from occupied countries seems to be<br />

imminent». 30 This supposition was stated at a point in time when the abovementioned<br />

Currie Delegation had already been in Bern for two days to<br />

implement Resolution VI of the Bretton Woods Conference and the aims of the<br />

Allies’ economic warfare and restitution policy. On 7 March, the day before the<br />

Currie Agreement was signed, Minister Stucki declared before the Legal Affairs<br />

Committee of the National Council:<br />

432<br />

«The question of Switzerland’s co-operation in the fight against handling<br />

stolen goods has also been raised. It is required to exercise care to ensure<br />

that it does not become a financial centre for future wars.» To Stucki it was

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